Omega Cash Conversion Cycle from 2010 to 2024

OFLX Stock  USD 48.74  0.63  1.28%   
Omega Flex Cash Conversion Cycle yearly trend continues to be fairly stable with very little volatility. Cash Conversion Cycle will likely drop to 152.32 in 2024. During the period from 2010 to 2024, Omega Flex Cash Conversion Cycle regression line of annual values had r-squared of  0.00002 and arithmetic mean of  138.86. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
156.24363136
Current Value
152.32
Quarterly Volatility
37.13534744
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Omega Flex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Omega Flex's main balance sheet or income statement drivers, such as Interest Expense of 103.2 K, Total Revenue of 85.2 M or Gross Profit of 51.2 M, as well as many indicators such as Price To Sales Ratio of 3.84, Dividend Yield of 0.034 or PTB Ratio of 8.52. Omega financial statements analysis is a perfect complement when working with Omega Flex Valuation or Volatility modules.
  
Check out the analysis of Omega Flex Correlation against competitors.
For more information on how to buy Omega Stock please use our How to Invest in Omega Flex guide.

Latest Omega Flex's Cash Conversion Cycle Growth Pattern

Below is the plot of the Cash Conversion Cycle of Omega Flex over the last few years. It is Omega Flex's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Omega Flex's overall financial position and show how it may be relating to other accounts over time.
Cash Conversion Cycle10 Years Trend
Very volatile
   Cash Conversion Cycle   
       Timeline  

Omega Cash Conversion Cycle Regression Statistics

Arithmetic Mean138.86
Geometric Mean135.04
Coefficient Of Variation26.74
Mean Deviation26.34
Median133.52
Standard Deviation37.14
Sample Variance1,379
Range148
R-Value(0)
Mean Square Error1,485
R-Squared0.00002
Significance0.99
Slope(0.04)
Total Sum of Squares19,306

Omega Cash Conversion Cycle History

2024 152.32
2023 156.24
2022 170.62
2021 150.11
2020 153.33
2019 133.52
2018 100.4

About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex's Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Omega Flex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 156.24  152.32 

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Additional Tools for Omega Stock Analysis

When running Omega Flex's price analysis, check to measure Omega Flex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Omega Flex is operating at the current time. Most of Omega Flex's value examination focuses on studying past and present price action to predict the probability of Omega Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omega Flex's price. Additionally, you may evaluate how the addition of Omega Flex to your portfolios can decrease your overall portfolio volatility.